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Keenan Group#1 Austin Board of Realtors Team 2024

$895,000

4Beds
2.2Baths
3,390Sq Ft
5.93 acresLot

1121 County Road 123, Marble Falls, TX 78654

Marble Falls·MLS# 7303515·Built 2012·11 days on market

4 bed, 2 bath, 3,390 sqft on 5.93 acres in Marble Falls. Marble Falls, TX 78654. $895,000. Marble Falls ISD.

About This Home

Experience the beauty, tranquility and endless possibilities of Texas Hill Country living at 1121 CR 123! Situated on 5.93 acres of scenic open land, this spacious two-story home offers 3,390 square feet of living space, featuring 4 bedrooms, 2 full bath rooms and 2 half baths. Built in 2012, the home features inviting living spaces, an open kitchen and beautiful countryside views.Additional property features include a standing-seam metal roof, separate garage with air conditioning and bathroom, whole-house backup generator, private well, owned water-storage tanks and a cellar. Outside, mature trees, expansive open acreage, peaceful country views and a pond toward the back of the property create a picturesque Hill Country setting. With nearly six acres of versatile land, the property offers opportunities to create your own country retreat, hobby farm or ranch-style lifestyle, with potential for additional improvements or development, subject to applicable restrictions and approvals. Located just past Sweet Berry Farm and surrounded by nearby farms and ranches, you'll enjoy the privacy and peacefulness of rural living while remaining approximately 16 minutes from Marble Falls for convenient access to shopping, dining and everyday amenities. Whether you're looking for a peaceful country home, room to expand or the opportunity to bring your own vision to life, this unique Hill Country property offers space, versatility and possibilities for the future.

Property Type
Residential
Year Built
2012
Lot Size
5.93 acres
Price / Sq Ft
$264
Garage
2 spaces

Listing information last updated November 3, 2026.

Listed by Coleman Team Realty, LLC

MLS# 7303515 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 5.93-acre lot
Ceiling Fan(s)
Kitchen Island
Multiple Living Areas
Open Floorplan

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Recessed Lighting
  • Walk-In Closet(s)

Appliances

  • Built-In Electric Oven
  • Cooktop
  • Dishwasher
  • Freezer
  • Microwave
  • Refrigerator
  • Washer
  • Dryer

Flooring

  • Tile
  • Vinyl
Heating
Central
Cooling
Central Air
Exterior & Lot

Features

  • Garden
  • Rain Gutters

Construction

  • Concrete

Lot Features

  • Back Yard
  • Garden
  • Trees-Medium (20 Ft - 40 Ft)
  • Views

Fencing

  • Barbed Wire

Foundation

  • Slab

Patio / Porch

  • Covered
  • Porch
  • Rear Porch
Roof
Metal
Lot Size
5.93 Acres

Parking

  • Carport
  • Garage
  • Gravel
  • Guest
  • Outside
Garage Spaces
2

Waterfront

  • Pond
Financial
Original List Price
$895,000
Price per Sq Ft
$264
Utilities
  • Electricity Connected
  • Propane
  • Sewer Connected
  • Underground Utilities
  • Water Connected
Water Source
Well
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 1121 County Road 123, whoever represented it.

  1. ActiveListed 2026
    Current price: $895,000Original list: $895,000MLS 7303515
    1. Listed · October 30, 2026$895,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$895,000
Original list
$895,000
Price movement
No verified reduction
Listed / DOM
Oct 30, 2026 · 11 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$199,163
Assessment Year
2025
Year Built
2022
Parcel ID
R-10-W064-5000-0005M
$476K
$199K
$199,163
2025
$475,968
+139.0% from prev
2026
YearTaxesTotal AssessmentLandAdditions
2026+139.0%
—$475,968$349,199$126,769
2025
—$199,163$358,062$160,518
5-Year Change139.0%

Virtual Tour

Virtual tour of 1121 County Road 123
Map showing 1121 County Road 123
1121 County Road 123
Directions

Zoned Schools

Marble Falls ISD

1 High School1 Middle School1 Elementary School

Marble Falls

High SchoolGrades 9-12Zoned assignment

Marble Falls

Middle SchoolGrades 6-8Zoned assignment

Marble Falls

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$4,850

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($179K)

Adjustable assumption - not a lending recommendation.

Home price

$895,000

Loan: $716K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-05
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Luxury property intelligence

Keenan Market Position

A sourced read on Marble Falls pricing, timing, and property scale. No automated valuation claim.

List price

$895,000

Price per sqft

$264/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

11 days

Original to current

No verified reduction

$895K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 3, 2026.

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Verified property facts

Frequently Asked Questions

How much is 1121 County Road 123?

1121 County Road 123 is listed at $895,000 with 4 bedrooms, 2 full, 2 half bathrooms, 3,390 square feet, 5.93-acre lot. This places it above the ZIP 78654 single-family closed-sale median price of $372,500 (ZIP 78654 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 10, 2026).

What school district is 1121 County Road 123 in?

1121 County Road 123 is zoned for Marble Falls ISD with assigned schools: Marble Falls (elementary), Marble Falls (middle), Marble Falls (high). School assignments should be verified directly with the district.

What are the property details for 1121 County Road 123?

1121 County Road 123 is a Residential built in 2012 featuring 4 bedrooms, 2 full, 2 half bathrooms, 3,390 square feet, 5.93-acre lot.

What are the property taxes for 1121 County Road 123?

The most recent annual property tax for 1121 County Road 123 is $10,540. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 1121 County Road 123?

This page does not assume a mortgage rate or publish a monthly payment for 1121 County Road 123. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1121 County Road 123 compare with other homes in Marble Falls?

As of Nov 3, 2026, 1121 County Road 123 is offered at $895,000. The current MLS snapshot shows 175 active listings in 78654. Keenan Group has completed 1 verified transactions in 78654 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 1121 County Road 123?

The MLS listing marks 1121 County Road 123 as waterfront. The reported waterfront feature is Pond. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Marble Falls

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 11/3/2026, 5:33:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution of MLS listing data is prohibited.

Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 11/3/2026, 5:33:00 PM

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